Clyde Blowers Capital, the industrial-focused private equity firm spearheaded by Scottish engineering entrepreneur Jim McColl, bucked a tough fundraising market when it closed its latest fund this week with commitments of £420m. McColl spoke to AltAssets about how the firm managed to exceed its target.

Nicola Horlick, the high-profile former head of listed fund of funds Bramdean Alternatives, is launching a new fund alongside former executives from 3i that will make it easier for wealthy individuals to invest in private equity.

German family office Wermuth Asset Management is targeting a total fund size of €200m for its Tatarstan Cleantech Fund, which is said to be the first ever international fund with a specific focus on Russia, and in particular, the Republic of Tatarstan.